Listing Agency: CENTURY 21 Kelly Davis, Inc

Listed By: Ken Laird · License #WA 40996

Source: Crexi

Added: Apr 11 Changed: Sep 1 Last Checked: Sep 3 at 12:33PM

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Investment Insights

Based on property information with market context.

This 10-unit apartment property is located at 301 Main St in Ione, Washington. The building has maintained full occupancy for the past three years and includes on-site management.

The property is offered as an apartment building investment with a stated 10.85% cap rate. The seller is a licensed real estate broker in Washington.

Key Highlights

• 10‑unit apartment building
• Full occupancy maintained for the past three years
• 10.85% cap rate

Property Analytics

Property Profile

Current Use

Ceder Creek Salon Hair Salon

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

78

Businesses Nearby

Explore this area Business Placement

Demographics for 99139, WA

1,178

Population

607

Households

1.9

Avg Household Size

51

Median Age

19%

College-Educated

91%

High-School Grad

314.9 sq mi

ZIP Area

4

Density / Sq Mi

$54,219

Median Household Income

$32,083

Median Earnings

$775

Median Rent

$241,200

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Fully occupied apartment property with on-site management in Ione, Washington.

Where is this apartment building located?

The property is located at 301 Main St Ione, WA.

What are key features of this property?

This property features: 10‑unit apartment building; Full occupancy maintained for the past three years; 10.85% cap rate